± RCOM has raised $255mn through external commercial borrowing (ECB) to partly refinance 3G payments.(ET)
± RCom said it has added 3.25mn wireless subscribers in December 2010, crossing the 125mn customer mark. (BS)
± In a bid to undo the damage caused by the recent loan bribery scam, LIC Housing Finance has stopped financing project developers. (BS)
± Coal India will operationalise a new underground mine having a reserve of 20 million tonne in jharkhand.(ET)
± Essar Energy said it has raised US$500mn through a convertible bonds issue to fund acquisitions, projects and refinance debt. (BL)
± HCL Infosystem sold its entire stake in its internet provider subsidiary, HCL Infinet to broadband services company Tikona Digital Networks.(ET)
± Vedanta Group has stated that it is not going to apply afresh for ‘green’ clearance to expand its aluminum refinery project in Orissa’s Kalahandi district. (BS)
± Glenmark Pharmaceuticals has received the USFDA’s approval to market atovaquone and proguanil hydrochloride tablets, used in treating malaria, in the American market. (BL)
